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Mexico - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonocarboxylic Acid Price in Mexico - 2023
Contents:
- Monocarboxylic Acid Price in Mexico (CIF) - 2022
- Monocarboxylic Acid Price in Mexico (FOB) - 2022
- Monocarboxylic Acid Imports in Mexico
- Monocarboxylic Acid Exports in Mexico
Monocarboxylic Acid Price in Mexico (CIF) - 2022
In 2022, the average monocarboxylic acid import price amounted to $4,301 per ton, jumping by 26% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 75%. As a result, import price attained the peak level of $7,345 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($9,355 per ton), while the price for the United States ($1,943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Monocarboxylic Acid Price in Mexico (FOB) - 2022
The average monocarboxylic acid export price stood at $29,699 per ton in 2022, rising by 196% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The export price peaked at $37,302 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($44,487 per ton), while the average price for exports to Argentina ($5,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.2%), while the prices for the other major destinations experienced a decline.
Monocarboxylic Acid Imports in Mexico
After three years of growth, overseas purchases of acrylic acid and its salts and other monocarboxylic acid decreased by -19.9% to 27K tons in 2022. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, imports reached the peak of 33K tons, and then declined rapidly in the following year.
In value terms, monocarboxylic acid imports amounted to $115M in 2022. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 16%.
Import of Monocarboxylic Acid in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 78.5 | 51.0 | 51.3 | 67.0 | -5.1% |
United States | 21.3 | 27.0 | 48.3 | 36.1 | 19.2% |
Germany | 6.5 | 6.1 | 4.1 | 3.9 | -15.7% |
Others | 17.7 | 14.3 | 10.2 | 7.7 | -24.2% |
Total | 124 | 98.4 | 114 | 115 | -2.5% |
Top Suppliers of Monocarboxylic Acid to Mexico in 2022:
- United States (18.6K tons)
- China (7.2K tons)
- Germany (0.5K tons)
Monocarboxylic Acid Exports in Mexico
In 2022, overseas shipments of acrylic acid and its salts and other monocarboxylic acid were finally on the rise to reach 241 tons after two years of decline. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, monocarboxylic acid exports surged to $7.2M in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Monocarboxylic Acid in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 356 | 96.5 | N/A | 6,446 | 162.6% |
Brazil | 263 | 396 | 105 | 484 | 22.5% |
Argentina | 6.7 | N/A | 7.1 | 229 | 224.5% |
Colombia | 221 | 223 | 22.6 | N/A | -68.0% |
Costa Rica | 90.4 | 105 | N/A | N/A | 16.2% |
Others | 21.1 | N/A | N/A | N/A | 0% |
Total | 958 | 820 | 135 | 7,159 | 95.5% |
Top Export Markets for Monocarboxylic Acid from Mexico in 2022:
- United States (144.9 tons)
- Brazil (52.8 tons)
- Argentina (43.3 tons)
This report provides an in-depth analysis of the monocarboxylic acid market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143310 - Acrylic acid and its salts and other monocarboxylic acid
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In October 2022, the import of Benzoic Acid saw a significant growth rate of 172% month-on-month. However, the value of imports for Benzoic Acid declined to $1.4M in June 2023.
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In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
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Explore the top import markets for acrylic acid esters and delve into key statistics and numbers behind these markets.
During the review period, imports of Benzoic Acid peaked at 27K tons in 2018. However, from 2019 to 2023, imports were unable to regain momentum. In terms of value, Benzoic Acid imports significantly decreased to $46M in 2023.
In October 2022, the import of Benzoic Acid saw a significant growth rate of 172% month-on-month. However, the value of imports for Benzoic Acid declined to $1.4M in June 2023.
In January 2023, the methacrylic acid esters price stood at $2,144 per ton (CIF, Mexico), reducing by -22.8% against the previous month.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...